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tax breaks were one point seven five and fuel subsidies point two four billion. profits were less than the tax breaks and subsidies anything that's given to the mining corporations so how much money is left over and. why develop the creation of an open pit mine and not prove the conditions for miners. it would come in because it's slow economically rimmel it's a question of cost it's a fantasy you're both. because you know what's happening. let's say we improve the conditions of small miners and they produce that one thousand two hundred dollars an ounce. when the prices fall it's all over. so they're like sleeping. in it once they see good mates when they attack. this happened but if they came to the gold towns to work saying they contribute to sustainable development they need and this sustainable development has destroyed towns and peoples i think the problem is we must talk to the people here we should have the direct presence of high level executives to be able to sort of baptize a kid one day so that we can say we love them look at you because our god made
tax breaks were one point seven five and fuel subsidies point two four billion. profits were less than the tax breaks and subsidies anything that's given to the mining corporations so how much money is left over and. why develop the creation of an open pit mine and not prove the conditions for miners. it would come in because it's slow economically rimmel it's a question of cost it's a fantasy you're both. because you know what's happening. let's say we improve the conditions of small miners...
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tax rates for small businesses and individuals. it was a pretty good package, more than he should have expected coming off december 2010 after a month after republicans had swept the election and taken back control of the house. there's history here but now the economy is good enough that he feels he can say this is it, i'm standing my ground, we're going to end these rates and yet he still wants some stimulus in his deal, infrastructure spending. gwen: this is an interesting moment where we're not hearing a lot from either side. either they're keeping it to themselves because they're making progress or there's nothing to say. which is more likely? >> i think they're keeping it to themselves because they're making progress. there's something cooking behind the scenes. gwen: why do you think that? >> you saw last week when the president made his first offer to speaker boehner. boehner's office leaked that out almost immediately to the press and then mcconnell's office leaked out the fact that mccobble had laughed at tim geithner whe
tax rates for small businesses and individuals. it was a pretty good package, more than he should have expected coming off december 2010 after a month after republicans had swept the election and taken back control of the house. there's history here but now the economy is good enough that he feels he can say this is it, i'm standing my ground, we're going to end these rates and yet he still wants some stimulus in his deal, infrastructure spending. gwen: this is an interesting moment where we're...
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when he promised no new taxes. he broke the plij and he destroyed his political future. >> i guess strategically, tactically, my reaction to them is stand on your principles. that's why you were elected. part two is first of all, you have the debt ceiling coming up. they have a lot of power. they should never surrender their constitutional authority to the president. why don't they just pass their bill? give it to the president. extend all the bush tax cuts. would that be a good idea, or do you have a better idea? >> no. i think they should. i think the president will play because everybody now including, as you said, boehner himself is talking about the rich in sort of obama terms. obama will come back and say no, we're going to eliminate the tax cuts for the rich. we're just going to give them to the middle class, and that's where they're ahead in public opinion, but i think they're not going to have i any choice. republicans have to stick together. they have to resist the pressure of the white house, and if obam
when he promised no new taxes. he broke the plij and he destroyed his political future. >> i guess strategically, tactically, my reaction to them is stand on your principles. that's why you were elected. part two is first of all, you have the debt ceiling coming up. they have a lot of power. they should never surrender their constitutional authority to the president. why don't they just pass their bill? give it to the president. extend all the bush tax cuts. would that be a good idea, or...
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city against starbucks angry activists who threaten to occupy the company shops over the corporation tax is paid in britain despite huge revenues more videos and pictures from the day of action on our twitter page. britain has joined the u.s. in claims they have intelligence suggesting syria might be preparing to use chemical weapons western countries and said the use of such weapons would trigger foreign military intervention the situation is increasingly drawing parallels with the run up to the invasion of iraq ten years ago he has spoken to fulminate the state department chief of stuff norns wilkinson who was behind the report they know the case for the iraq war and what he thinks is next for syria and how justifiable to feel about its chemical nossel. i would be highly skeptical of any intelligence rendered by the one hundred forty plus billion dollar us intelligence community as to weapons of mass destruction in the possession of another country period i'm not violating any great confidence or any great prohibition in the intelligence community to tell you that we've known for years
city against starbucks angry activists who threaten to occupy the company shops over the corporation tax is paid in britain despite huge revenues more videos and pictures from the day of action on our twitter page. britain has joined the u.s. in claims they have intelligence suggesting syria might be preparing to use chemical weapons western countries and said the use of such weapons would trigger foreign military intervention the situation is increasingly drawing parallels with the run up to...
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they know their taxes are going up. they know regulatory expenses are going up and they know if they do make money that will be taxed at a higher rate. a lot of employers are shrugging their shoulders and saying why take the risk. melissa: peter do you agree with that. >> yeah. it is the barack obama efct. only 150,000 a month the man is obsessed what did he say last week campaign, voting is the best revenge. now he is about to take it out on the one or 2%. that is all his focus. he is going around the country, hurricane sandy, rebuilding needs to be done. he is not paying attention to that and certainly not paying attention to jobs creation. instead he is on this vendetta. melissa: ian, at the same time you see companies out there, they're doing what they need to do. we saw ibm for example saying that when it comes to their 401(kk instead of contributing every other pay period the way they have before they will wait until the very end of the year and do their matching then. almost an accounting trick. not really a tric
they know their taxes are going up. they know regulatory expenses are going up and they know if they do make money that will be taxed at a higher rate. a lot of employers are shrugging their shoulders and saying why take the risk. melissa: peter do you agree with that. >> yeah. it is the barack obama efct. only 150,000 a month the man is obsessed what did he say last week campaign, voting is the best revenge. now he is about to take it out on the one or 2%. that is all his focus. he is...
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breaks like property tax to studios but actually giving them money to bring their productions to your state so michigan introduced this scheme and within two months twenty four movies had signed up to film in michigan from to the entire year before the productions estimated that they would spend one hundred ninety five million dollars filming there and in return they would be refunded about seventy million in cash yeah i mean this is important because before enron before world com the ford to liberalize debt obligation before the shadow banking system before goldman's. x. slush fund for jamie dime to became ruler of the underworld of financial terrorism there was something called only one accounting where very simply there are no net profits but net profits are what are promised like art buchwald from coming to america the movie made hundreds of millions but he never got a nickel because there was never any net profits that was the hollywood accounting that was made famous by the schmucks and the charlatans and harley and hollywood now it's a global accounting phenomenon george osborn
breaks like property tax to studios but actually giving them money to bring their productions to your state so michigan introduced this scheme and within two months twenty four movies had signed up to film in michigan from to the entire year before the productions estimated that they would spend one hundred ninety five million dollars filming there and in return they would be refunded about seventy million in cash yeah i mean this is important because before enron before world com the ford to...
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the renewable tax credit gives wind producers a tax credit that led to $20 billion in private investment and the creation of 75,000 jobs. in fact, we're in the midst of an incredible boone with wind energy. this increases 600% between 2006 and 2011 going from supplying 18% of american electric generate heing capacity to 32%. there's solar, which according to the international energy agency is the fastest growing because the solar panels are dropping at 7% a year. it pushes the price down 40% in the past year. a all of this is encouraging. because of the costs aren't included in gas and coal, the only way to be competitive is through subsidies like the renewable energy tax credit. continuity and the availability of the renewable tax credit ensured steady growth in wind power. conversely in 1999, 2001 and 2003 wrecked havoc in the years that followed. the faite the clean energy lies in the hands of lawmakers which is a scary place to be. we have the executive director of the solar electric life fund, and vice president of the development and renewable energy systems america and a leading d
the renewable tax credit gives wind producers a tax credit that led to $20 billion in private investment and the creation of 75,000 jobs. in fact, we're in the midst of an incredible boone with wind energy. this increases 600% between 2006 and 2011 going from supplying 18% of american electric generate heing capacity to 32%. there's solar, which according to the international energy agency is the fastest growing because the solar panels are dropping at 7% a year. it pushes the price down 40% in...
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for its starbucks activists threatened to close the company's outlets over the miserable amount of taxes the coffee giant pays in the u.k. despite huge profits more videos and pictures from the day of action on our twitter page. britain and the u.s. have claimed syria's president might be readying a for a chemical attack and washington says it has intelligence indicating assad could resort to chemical weapons in the fight against the rebels something that wouldn't trigger a foreign military intervention the rhetoric is increasingly looking like in the run up to the iraq war ten years ago r.t. has spoken to former u.s. state department chief of staff lawrence wilkerson who was behind the report laying out the case for the iraq intervention we asked him what he thinks is next for syria and how justifiable the fears are about its chemical arsenal. i would be highly skeptical of any intelligence rendered by the one hundred forty plus billion dollar us intelligence community as to weapons of mass destruction in the possession of another country period i'm not violating any great confidence or
for its starbucks activists threatened to close the company's outlets over the miserable amount of taxes the coffee giant pays in the u.k. despite huge profits more videos and pictures from the day of action on our twitter page. britain and the u.s. have claimed syria's president might be readying a for a chemical attack and washington says it has intelligence indicating assad could resort to chemical weapons in the fight against the rebels something that wouldn't trigger a foreign military...
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the mining companies receive generous tax breaks from the government. the country's mineral wealth is practically being given away. alberto vaquina, then the provincial governer and now prime minister, says that was a necessary evil. >> when we were negotating with the companies, mozambique first had to establish a reputation as a secure investment location. and that meant making concessions, of course. if the mozambique government suddenly changes the rules after making these compromises, that would send a very poor message. we also need investment in other sectors. if we go back on our word, what would they think? >> but the coal boom is transforming some areas of the region. the provincial capital of tete has grown from a sleepy village to a regional powerhouse with more than 180-thousand residents. the transformation is also visible in the city's largest market. once the market sold mainly fruit and vegetables. these days, though, all sorts of goods are sold here. george azibu shows us his stand. back at home in neighboring malawi, he was unemployed
the mining companies receive generous tax breaks from the government. the country's mineral wealth is practically being given away. alberto vaquina, then the provincial governer and now prime minister, says that was a necessary evil. >> when we were negotating with the companies, mozambique first had to establish a reputation as a secure investment location. and that meant making concessions, of course. if the mozambique government suddenly changes the rules after making these...
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negotiates with the republicans to avoid the so-called fiscal cliff it's a set of spending rises and tax cuts that are set to take effect on the first of january and could be ruinous to the economy but does the average american feel the new mean do new york resident try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff vote no do you think a lot of americans do so then why is the media talking about it incessantly we're also going to i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know even most the word i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes it yes or no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom and the media loves that yeah i do think there's actually something to worry about or do you think it's something
negotiates with the republicans to avoid the so-called fiscal cliff it's a set of spending rises and tax cuts that are set to take effect on the first of january and could be ruinous to the economy but does the average american feel the new mean do new york resident try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff vote no do you think a lot of americans do so then why is the...
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tax cut. could it be that the republicans are holding the middle income tax cuts as they have all along hostage to tax cuts for the wealthy? >> can i give another analogy? do you mind? it's just crazy, the former speaker of the houses the republicans are holding the middle class hostage. the two sides that come to the bargaining table may want to come to spending cuts on tax increases. think of it you are selling a house. you want to sell your house, the buyer comes in and you say i think my house is worth 400,000 bucks but the other side comes in and says i'm starting at zero. that's what the democrats brought. that's what the president brought to the table. he he said $1.6 trillion in tax increases and no spending cuts. >> that's a great point. you know why? because what the republicans did was that paperwork. they got all their ducks in a row. got cantor's tax revenue. paul ryan $800 billion. paul ryan and eric cantor who eric cantor before said he wouldn't sign $800 billion in revenue. he
tax cut. could it be that the republicans are holding the middle income tax cuts as they have all along hostage to tax cuts for the wealthy? >> can i give another analogy? do you mind? it's just crazy, the former speaker of the houses the republicans are holding the middle class hostage. the two sides that come to the bargaining table may want to come to spending cuts on tax increases. think of it you are selling a house. you want to sell your house, the buyer comes in and you say i think...
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decides whether to make dressing spending cuts and raise taxes to reduce the dead or come up with other solutions it's hit an opera attempt to shrink the dead could send the economy sinking straight into recession archies resident is in new york to find out what people there think. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media talking about it incessantly we're also going to i guess i'm not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know you think most people are worried i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes it yes or no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom and the media loves that yeah i do think there's actually something to worry about or do you think it's some
decides whether to make dressing spending cuts and raise taxes to reduce the dead or come up with other solutions it's hit an opera attempt to shrink the dead could send the economy sinking straight into recession archies resident is in new york to find out what people there think. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media...
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one thing that will happen without an agreement, all the bush tax rates go away, so everyone's taxes are going to go up. you'll see that emphasized over the next couple weeks. you'll hear the white house talk about what a bad situation there will be after january 1 if this deal is not cut. >> david jackson, "usa today," shira toeplitz, "roll call." we appreciate your time so much we'll talk to you later in the hour as well. >> thank you. >>> the last remaining house race of the 2012 election cycle is pabt to come to a close. in louisiana, republican congressman charles boustany jr., jeff landry facing off in a runoff election. they were forced to run in the same district in bayou because of the state's shrinking congressional delegation. both conservative republicans, landry a tea party freshman. we'll keep you abreast of what happens. >>> meanwhile, high drama about to surround the high court as the justices agree to take on the high-stakes issue of same-sex marriage. ♪ >>> the man with that most-watched youtube video of all time due to perform for the president in a few hours. bu
one thing that will happen without an agreement, all the bush tax rates go away, so everyone's taxes are going to go up. you'll see that emphasized over the next couple weeks. you'll hear the white house talk about what a bad situation there will be after january 1 if this deal is not cut. >> david jackson, "usa today," shira toeplitz, "roll call." we appreciate your time so much we'll talk to you later in the hour as well. >> thank you. >>> the last...
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we have to reform our tax system so we collect more revenue. it's not possible to do all of that between now and the end of the year when this fiscal cliff thing hits, but the government could put in place a framework. that's what they are arguing about now, what is the framework for the grand bargain that we will fill in the details in the next congress? >> one of the biggest fundamental reforms though that you say needs to happen is with those entitlement programs, so what exactly needs to change right now, and what would you say needs to stay? >> well, nobody is for abolishing medicare, for example. everybody is in favor of medicare. it's a very important program for seniors. it's paid the cost of health care for seniors over many years. we're going to have more seniors. that's part of the problem, and health care costs go up, so the program is going to be more expensive. the problem is to use those resources more effectively. we have very expensive health care in the united states, and that's partly because it's inefficient, so people on bo
we have to reform our tax system so we collect more revenue. it's not possible to do all of that between now and the end of the year when this fiscal cliff thing hits, but the government could put in place a framework. that's what they are arguing about now, what is the framework for the grand bargain that we will fill in the details in the next congress? >> one of the biggest fundamental reforms though that you say needs to happen is with those entitlement programs, so what exactly needs...